Real Estate

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In the face of a housing deficit that numbers millions of units, Nigeria is working to increase home ownership by improving access to credit and reducing development costs for low-income housing.

 

What is the biggest obstacle to overcome to ensure the new capital achieves its objectives?

 

Recent macroeconomic trends – particularly the depreciation of the Egyptian pound and the foreign currency shortage – reflected both positively and negatively on Egypt’s real estate market throughout 2016, resulting in mixed results and predictions across the sector. In March 2016 the Central Bank of Egypt made the decision to devalue the...

 

How are land prices affecting the sector’s ability to keep up with growing demand?

 

Africa is a diverse continent, with roughly 1bn people, 54 countries and thousands of languages. Additionally, many of its economies are facing similar challenges. One of the most common obstacles African markets face is a shortage of affordable housing. Kenya has a housing gap of approximately 2m homes, for example, while more than 12m people...

 

The expansion of Cairo to the east and west of the downtown area has been going on for decades, to varying degrees of success. This growth has long appealed to Egyptian government officials looking for ways to relieve some of the pressure placed on the densely populated city’s ageing infrastructure. According to the most recent data available...

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